{"id":938,"date":"2020-03-04T16:27:42","date_gmt":"2020-03-04T21:27:42","guid":{"rendered":"https:\/\/www.lancephillips.com\/blog\/?p=938"},"modified":"2020-03-04T16:27:42","modified_gmt":"2020-03-04T21:27:42","slug":"rebgv-stats-february-2020","status":"publish","type":"post","link":"https:\/\/www.phillipsandprem.ca\/blog\/2020\/03\/04\/rebgv-stats-february-2020\/","title":{"rendered":"REBGV Stats &#8211; February 2020"},"content":{"rendered":"<p><strong>Steady demand and low supply benefits home sellers<\/strong><br \/>\nVANCOUVER, BC \u2013 March 3, 2020 \u2013 February saw steady home buyer demand and reduced home seller supply across Metro Vancouver*.<\/p>\n<p>The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,150 in February 2020, a 44.9 per cent increase from the 1,484 sales recorded in February 2019, and a 36.9 per cent increase from the 1,571 homes sold in January 2020.<\/p>\n<p>Last month\u2019s sales were 15.6 per cent below the 10-year February sales average.<\/p>\n<p>\u201cHome buyer demand again saw strong year-over-year increases in February while the total inventory of homes for sale struggled to keep pace,\u201d Ashley Smith, REBGV president said. \u201cThis was most pronounced in the condominium market.\u201d<\/p>\n<p>For full stats package:<\/p>\n<p><a href=\"https:\/\/www.rebgv.org\/content\/dam\/rebgv_org_content\/pdfs\/monthly-stats-packages\/REBGV-Stats-Pkg-February-2020.pdf\">https:\/\/www.rebgv.org\/content\/dam\/rebgv_org_content\/pdfs\/monthly-stats-packages\/REBGV-Stats-Pkg-February-2020.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steady demand and low supply benefits home sellers VANCOUVER, BC \u2013 March 3, 2020 \u2013 February saw steady home buyer demand and reduced home seller supply &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-938","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Steady demand and low supply benefits home sellers VANCOUVER, BC \u2013 March 3, 2020 \u2013 February saw steady home buyer demand and reduced home seller supply across Metro Vancouver*. 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